China's JD.com leads $142m investment in elevator-ad firm Xinchao Media

China's JD.com leads $142m investment in elevator-ad firm Xinchao Media

REUTERS/Aly Song

China’s e-commerce giant JD.com has led a 1 billion yuan ($142 million) investment in Xinchao Media Group, a company that places advertisements in elevators, according to a statement.

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